NOT LISTED FOR SALE

70 Summit Rd Malvern, PA 19355

Estimated Value: $298,000 - $324,000

2 Beds
2 Baths
1,218 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $300,000 $246 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,923/month

8 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Hot Water Heating System
  • Sugartown Elementary School Rated A-
  • 2 Car Direct Access Garage

About This Home

As of November 2024

LOCATION, LOCATION! Do not miss this MAIN LINE opportunity. Located in the Summit Ridge neighborhood of Malvern, this almost 1 acre property is ready to make it your own. The front yard gently slopes up to the home, which sits almost 200' from the road. The rear yard is spacious & level. The home itself is a mid- century ranch in need of of a complete renovation, and is being offered AS-IS. Buyer will be responsible for obtaining a use & Occupancy permit. This is a perfect opportunity for the right person to bring new life to this family home. Summit Ridge is located in Great Valley School District and a short drive to King Of Prussia, West Chester & other Main Line towns . DON'T LET THIS ONE PASS YOU BY!

Last Agent to Sell the Property

CHRIS ANDERSON

(484) 753-2692 chrisanderson.yourrealtor@gmail.com Realty One Group Restore Listed on: 10/03/2024

Realty One Group Restore

Last Buyer's Agent

Suresh Pinninti

(267) 972-0994 su_ba@hotmail.com BHHS Fox & Roach Malvern-Paoli

BHHS Fox & Roach Malvern-Paoli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1960

Lot Details

  • 0.9 Acre Lot
  • Property is zoned R10

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Side Facing Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Summit Ridge Subdivision

Listing and Financial Details

  • Tax Lot 0059
  • Assessor Parcel Number 42-07 -0059

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,508

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs
  • Total Sq Ft: 2436
  • Living Area Sq Ft: 1218
  • Price Per Sq Ft: 295.57
  • Above Grade Finished Sq Ft: 1218
  • Above Grade Unfinished Sq Ft: 1218
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.90
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39046.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2897.00
  • Tax Annual Amount: 3508.00
  • Assessor Parcel Number: 42-07 -0059
  • Tax Lot: 0059
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 31, 2024
Sold by
Wright Harry A and Wright Harry A
Bought by
Kandhasamy Sreenivasan and Meenakshisundaram Sabari
Seller's Agent
CHRIS ANDERSON
Realty One Group Restore
Buyer's Agent
Suresh Pinninti
BHHS Fox & Roach Malvern-Paoli
List Price
$360,000
Sold Price
$300,000
Premium/Discount to List
-$60,000
-16.67%
Views
76
Current Estimated Value
$314,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,000
Avg. Annual Appreciation
3.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kandhasamy Sreenivasan $300,000 Trident Land Transfer
Kandhasamy Sreenivasan $300,000 Trident Land Transfer
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $300,000 -16.7% $246 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $360,000 -- $296 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,509 $122,450 $38,870 $83,580
2024 $3,509 $122,450 $38,870 $83,580
2023 $3,418 $122,450 $38,870 $83,580
2022 $3,350 $122,450 $38,870 $83,580
2021 $3,282 $122,450 $38,870 $83,580
2020 $3,228 $122,450 $38,870 $83,580
2019 $3,197 $122,450 $38,870 $83,580
2018 $3,136 $122,450 $38,870 $83,580
2017 $3,136 $122,450 $38,870 $83,580
2016 $2,693 $122,450 $38,870 $83,580
2015 $2,693 $122,450 $38,870 $83,580
2014 $2,693 $122,450 $38,870 $83,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT2075246

Bright MLS

APN: 42-007-0059.0000